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Listed by: Jennie Martin (310) 467-5999 DRE #01507945 | Compass (310) 230-5478
$3,999,000
24 Beds
20 Baths
6,623sqft
1842 S Sycamore Ave, Los Angeles, CA 90019
$3,999,000
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Multi Family
Built in 2022
$-- HOA
6,253 sqft lot
$604/sq.ft
Description
"Proven and Durable Income Stream" A rare opportunity to acquire a purpose-built, income-driven luxury fourplex in the heart of prime Mid-City Los Angeles. 1842-1844 S. Sycamore Avenue is a fully permitted, non-rent-controlled (not subject to RSO) asset offering exceptional scale, flexibility, and strong in-place performance, tailored to the sophisticated short-term rental investor. The short-term rental operation generates over $500,000 in gross annual income, supporting a market-leading 8.82% cap rate and an estimated NOI of approximately $353,000, based on the current list price and a full operating expense assumption. This level of yield is exceptional for Los Angele...
Continue Reading- Houzeo last checked: 2 Hours ago
- Listing updated: February 6, 2026 at 4:42 am
- Source: California Regional MLS-CA | MLS#: 26636697
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
2022
HOA Fees
-
Finished Area
6,623 sqft
Lot Size
6,253 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26636697
MLS Status
Active
Days on Market
29
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